Marguerite C. Bateman understands the importance of being both thorough and diplomatic when helping her asset management clients navigate stringent federal securities laws. Marguerite’s practice focuses on issues arising under the Investment Company Act of 1940 and the Investment Advisers Act of 1940. She is a trusted counselor to investment company boards of directors and trustees and registered and unregistered investment advisory organizations. With 25 years in the industry, Marguerite’s on-point advice and practical solutions are invaluable to clients as they address day-to-day issues, as well as more challenging developments, such as regulatory examinations and inquiries and litigation.
In addition to her role as leader of the Financial Markets and Products Practice Group, Marguerite serves as independent legal counsel to the independent directors serving funds of all sizes and structures, including open- and closed-end funds and exchange-traded funds. Her experience, including as the first Managing Director of the Independent Directors Council, helps directors as they perform their “watchdog” role. She offers a reasoned approach, fostering relationships with the adviser and other service providers, but keeps a watchful eye on the independent directors’ regulatory responsibilities and duties to shareholders.
With the growth of increasingly complex investment products, diverse distribution channels and evolving regulatory requirements, advisory clients reach out to Marguerite for guidance. She provides assistance at the product development stage, performs mandatory annual reviews and creates effective compliance programs for some clients. For others, she suggests enhancements that will assist organizations achieve their potential without running afoul of regulatory mandates.
Above all, Marguerite recognizes that each client is unique. She helps companies tailor programs to their needs, while sharing her knowledge of legal and regulatory requirements and industry best practices.